Which level of meaning refers to the visual elements and design of a work?

The correct choice pertains to the level of meaning that emphasizes the visual elements and design of a work of art. This level, known as formal, involves analyzing how the composition, color, shape, texture, and arrangement contribute to the overall aesthetic experience of the artwork.

By focusing on the formal aspects, one can better appreciate how the artist has manipulated visual elements to evoke feelings, create balance, and lead the viewer's eye throughout the piece. This type of analysis is fundamental for understanding not only the technical skill of the artist but also how these elements communicate ideas or emotions intrinsic to the artwork.

In contrast, the subjects of a piece pertain more to its narrative or thematic content. Context involves the historical, cultural, and social circumstances surrounding the creation of the work, while iconography deals with the symbolic meaning of imagery within the work. Each of these concepts plays a role in art analysis, yet the formal level is specifically dedicated to the visual fabric that constitutes the artwork itself.